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Author Topic: [ANN][ICO]CLOSING THE PROJECT[NEOGAME.IO]  (Read 10933 times)
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datans99
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November 02, 2018, 07:08:10 PM
 #1381

I forgot about one very important detail. Another factor in favor of the growth of tokens is their buyback. His appointment, as I understand it, is necessary for the formation of the initial prize pool. By the way, do you know about the division of target costs when allocating funds into 2 groups? In the second group there is just the redemption of tokens.
heard about the buyback. It can also affect the rise in the cost of tokens. I did not hear about the division of target costs into 2 groups, but I assume that funds from the first group will be available after the end of the sale of tokens, and the second one will be frozen. I have already seen such a scheme in another project.
in general, you are right. The funds of group 1 include the total costs of software development, listing of tokens on the stock exchange, as well as legal services and marketing. The size is provided from 2 to 8 thousand ETH.
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Billy The Kid
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November 02, 2018, 07:12:44 PM
 #1382

for me this is unnecessary information now. On this issue, I completely trust the developers: I am sure that they will not merge! What is more important for me is that the project really be useful for society and help people with low incomes to win. And given that the draws are held every week, you can count on NeoGame to be able to help many.
datans99
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November 02, 2018, 07:16:20 PM
 #1383

for me this is unnecessary information now. On this issue, I completely trust the developers: I am sure that they will not merge! What is more important for me is that the project really be useful for society and help people with low incomes to win. And given that the draws are held every week, you can count on NeoGame to be able to help many.
the main thing is that this should not be to the detriment of those who are already dependent on gambling. You know, the more profitable the conditions to offer the player, the more comfortable and convenient it will be to play.
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November 02, 2018, 07:20:16 PM
 #1384

for me this is unnecessary information now. On this issue, I completely trust the developers: I am sure that they will not merge! What is more important for me is that the project really be useful for society and help people with low incomes to win. And given that the draws are held every week, you can count on NeoGame to be able to help many.
the main thing is that this should not be to the detriment of those who are already dependent on gambling. You know, the more profitable the conditions to offer the player, the more comfortable and convenient it will be to play.
I agree. But nevertheless, if you start from this, NeoGame will be able to contribute to the development of a cryptocurrency market and the entry of the gambling business to a new level.
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November 02, 2018, 07:40:34 PM
 #1385

This is a very interesting and thought-provoking very smart for us to follow, I thought this would be a project and also the idea that will continue to evolve.

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Lunaluk
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November 03, 2018, 07:09:56 AM
 #1386

Neogame, I want to believe that there is justice in the world and people will cease to be deceived. This is a good offer for both investors and players. I wonder what the coin looks like, is there a sketch? Smiley

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November 08, 2018, 08:08:39 AM
 #1387

Neogame, I want to believe that there is justice in the world and people will cease to be deceived. This is a good offer for both investors and players. I wonder what the coin looks like, is there a sketch? Smiley

Hi, thanks for your comment

We have a logo of Ticket Token, so you'll be able to recognize it among other tokens Wink
See below



🔵🔵🔵 [ NEOGAME ] A NONPROFIT LOTTERY TO CHANGE THE GAME🔵🔵🔵
No owners | No commission | No people involved
https://neogame.io
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November 08, 2018, 10:43:38 PM
 #1388

I understand that at the initial stage, the buyback will help fill the jackpot fund, as well as stimulate the growth of the token. But this will be only once and the lottery will be held regularly and managed by a smart contract.


How can buybacks be done if this project is meant to operate as a nonprofit business?

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November 09, 2018, 03:31:56 PM
 #1389

I understand that at the initial stage, the buyback will help fill the jackpot fund, as well as stimulate the growth of the token. But this will be only once and the lottery will be held regularly and managed by a smart contract.


How can buybacks be done if this project is meant to operate as a nonprofit business?

The most of the amount raised during ICO (about 90%) will be spent for the first Ticket token buyback. This will form the initial jackpot

🔵🔵🔵 [ NEOGAME ] A NONPROFIT LOTTERY TO CHANGE THE GAME🔵🔵🔵
No owners | No commission | No people involved
https://neogame.io
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November 13, 2018, 12:50:00 AM
 #1390

I understand that at the initial stage, the buyback will help fill the jackpot fund, as well as stimulate the growth of the token. But this will be only once and the lottery will be held regularly and managed by a smart contract.


How can buybacks be done if this project is meant to operate as a nonprofit business?

The most of the amount raised during ICO (about 90%) will be spent for the first Ticket token buyback. This will form the initial jackpot

You first sell tickets to launch the project and then you use 90% of the money to buy back the tickets? I am confused.

Neogame
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November 14, 2018, 03:11:53 PM
 #1391

I understand that at the initial stage, the buyback will help fill the jackpot fund, as well as stimulate the growth of the token. But this will be only once and the lottery will be held regularly and managed by a smart contract.


How can buybacks be done if this project is meant to operate as a nonprofit business?

The most of the amount raised during ICO (about 90%) will be spent for the first Ticket token buyback. This will form the initial jackpot

You first sell tickets to launch the project and then you use 90% of the money to buy back the tickets? I am confused.

That's a very right question to ask and you can find everything in the Whitepaper:
"To form the initial prize fund, tokens will be purchased back from holders, and all funds collected in the token sale, minus funds allocated for development and promotion, will be channeled towards this.

The buyback will start a month before the first Neogame draw, and will continue until all funds are spent.

We expect token buyback to significantly influence the TKT exchange rate, which will lead to an increase in the value of the prize pool, which may be many times higher than the sum of the funds spent on its formation, and the tokens that remain in circulation.

In this way, Neogame can create one of the largest jackpots in the history of lotteries."


The link to the Whitepaper: https://neogame.io/wp-content/uploads/2018/09/Neogame_eng_10Sep18.pdf

🔵🔵🔵 [ NEOGAME ] A NONPROFIT LOTTERY TO CHANGE THE GAME🔵🔵🔵
No owners | No commission | No people involved
https://neogame.io
pavan@hosur
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November 16, 2018, 10:17:39 AM
 #1392

BUMP FOR EXPOSURE

I believe that NEOGAME has TRUE potential. Like, seriously, there are some similar projects out there, but I reckon that this here is the be-all-end-all version of them.


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Neogame
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November 19, 2018, 07:22:22 AM
 #1393

BUMP FOR EXPOSURE

I believe that NEOGAME has TRUE potential. Like, seriously, there are some similar projects out there, but I reckon that this here is the be-all-end-all version of them.

Thanks for your support!

🔵🔵🔵 [ NEOGAME ] A NONPROFIT LOTTERY TO CHANGE THE GAME🔵🔵🔵
No owners | No commission | No people involved
https://neogame.io
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